Tagged: societe generale

First! Paxos is Now Settling Securities Using Blockchain, First Customers are Credit Suisse and Instinet

In a first for the blockchain industry, Paxos Trust Company, a New York-regulated financial institution has launched the Paxos Settlement Service. According to a note from the firm, the service can now settle select U.S. listed equity trades between broker-dealers Credit Suisse and Instinet, LLC…. Read More

Insurtech: France’s Third-Largest Bank, Société Générale, Invests €1.1 Million in Mutumutu, a Czech Online Life Assurance Firm

Paris-headquartered Societe Generale, the third-largest bank in France and multinational financial services company, has invested €1.1 million in Mutumutu, a Czech online life assurance company that provides special discounts on premiums for people who maintain a healthy lifestyle. Founded in 2018, Mutumutu was established as… Read More

Nordea Enters Into Agreement With Société Générale to Acquire All Shares in SG Finans AS

Finland-based banking group Nordea Bank announced on Thursday it has entered into an agreement with Société Générale to acquire all shares in SG Finans AS (SG Finans) and intends to combine the business with Nordea’s pan-Nordic finance company, Nordea Finance. The agreed purchase price for… Read More

French Bank Societe Generale Issues €100 million Bond as Security Token on Ethereum Blockchain

France is a country that is aggressively pursuing blockchain innovation. Crowdfund Insider’s recent coverage of Paris Blockchain Week highlighted this fact as both policymakers and innovators appear to be on the same page. Now, big banking is moving forward in the crypto space by actually… Read More

Societe Generale Launches Global Markets Incubator Dedicated to Fintechs Specializing in Market Activities

Société Générale, France’s third-largest bank, announced earlier this week the launch of its new Global Markets Incubator, which is dedicated to fintech companies that are specializing in market activities. According to the bank, through the incubator, Societe Generale Corporate & Investment Banking (SG CIB) adopts a… Read More

Société Générale Acquires Renewable Energy Crowdfunding Platform Lumo

Société Générale, France’s 3rd largest bank and global Nr. 17 announces the acquisition of Lumo, the pioneering crowdfunding platform dedicated to renewable energies Lumo is a French Fintech with strong skills in both crowdfunding and renewable energies which has dedicated itself to accelerating the energy… Read More

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